The Minority in Parliament has issued a strongly worded statement following the announcement of a Staff Level Agreement between the International Monetary Fund (IMF) and the Government for the fourth review of the ongoing economic support programme.
In a statement signed by Dr.
Mohammed Amin Adam, Ranking Member of the Finance Committee in Parliament, he noted that the "The Staff Level Agreement has confirmed our suspicions that the government manipulated the fiscal data to achieve political objectives and to support the earlier claims by the President that the economy he inherited was run-down." Read also: Gov't, IMF reach staff-level agreement over ECF programme; $370m to be made available by Fund The IMF's announcement, which paves the way for a $370 million disbursement upon Executive Board approval, revealed that Ghana's economy performed far better than projected in 2024.
The country recorded a real GDP growth of 5.7%, exceeding the initial target of 3.1% and a revised target of 4%.